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Red Earth Creek, AB

Updated: Aug 2015
House
Median price $2,149,000
Monthly growth 0.00 %
Quarterly trend
Stock on market 0.14%
Apartment
Median price
Monthly growth
Quarterly trend
Stock on market

Red Earth Creek Home Price

With a median listing price of $2,149,000, Red Earth Creek is Canada’s 5th most expensive when ordered by median listing price.

In Aug the median listed house price of $2,149,000 in Red Earth Creek was an impressive compared to the rest of Alberta.

According to our stats, Red Earth Creek is the neighbourhood that has the 291th most properties available to real estate investors in Alberta.

Will prices rise across the next year in in Red Earth Creek? There are a number of real estate indicators to consider.

Stock on the market can be an important leading indicator of whether market pressure will be on prices to rise or fall – in Red Earth Creek there is about the same amount of stock than three months ago. This would indicate housing stock pressure remaining the same.

When we look at the data we have, it can help with trying to establish whether or not Red Earth Creek is a good investment target.

Over the last three months in Red Earth Creek, housing stock available seems to be staying constant – this could mean that homes values might not be hugely affected by supply constraints.

Find a mortgage broker in Red Earth Creek, AB
Demographics
  • Population in 20113074
  • Population in 20062847
  • 2006 to 2011 population change (%)8
  • Total private dwellings1430
  • Private dwellings occupied by usual residents974
  • Population density per square kilometre0.1
  • Land area (square km)29140.78

Age Characteristics

Total population by age groups 3070
0 to 4 years 315
5 to 9 years 285
10 to 14 years 240
15 to 19 years 270
15 years 50
16 years 75
17 years 55
18 years 35
19 years 60
20 to 24 years 240
25 to 29 years 255
30 to 34 years 210
35 to 39 years 215
40 to 44 years 205
45 to 49 years 200
50 to 54 years 165
55 to 59 years 120
60 to 64 years 145
65 to 69 years 75
70 to 74 years 60
75 to 79 years 35
80 to 84 years 25
85 years and over 15
Median age of the population 28.7
% of the population aged 15 and over 72.6

Marital Status

Total population 15 years and over by marital status 2235
Married or living with a common-law partner 1265
Married (and not separated) 730
Living common-law 535
Not married and not living with a common-law partner 970
Single (never legally married) 780
Separated 55
Divorced 80
Widowed 60

Family Characteristics

Total number of census families in private households 830
Size of census family: 2 persons 345
Size of census family: 3 persons 200
Size of census family: 4 persons 140
Size of census family: 5 or more persons 140
Total number of census families in private households 830
Total couple families by family structure and number of children 615
Married couples 350
Without children at home 150
With children at home 200
1 child 70
2 children 75
3 or more children 55
Common-law couples 270
Without children at home 100
With children at home 165
1 child 65
2 children 45
3 or more children 55
Total lone-parent families by sex of parent and number of children 210
Female parent 160
1 child 65
2 children 50
3 or more children 40
Male parent 55
1 child 30
2 children 10
3 or more children 10
Total children in census families in private households 1210
Under six years of age 365
6 to 14 years 440
15 to 17 years 150
18 to 24 years 140
25 years and over 110
Average number of children at home per census family 1.5

Household And Dwelling Characteristics

Total number of persons in private households 3065
Number of persons not in census families 405
Living with relatives 130
Living with non-relatives only 70
Living alone 200
Number of census family persons 2665
Average number of persons per census family 3.2
Total number of persons 65 years and over in private households 215
Number of persons not in census families aged 65 years and over 60
Living with relatives 5
Living with non-relatives only 10
Living alone 45
Number of census family persons aged 65 years and over 160
Total number of private households by household type 970
Census-family households 740
One-family-only households 565
Couple-family households 460
Without children 185
With children 270
Lone-parent-family households 105
Other family households 175
One-family households with persons not in a census family 90
Couple-family households 45
Without children 20
With children 30
Lone-parent-family households 40
Two-or-more-family households 85
Non-census-family households 240
One-person households 200
Two-or-more-person households 35
Total number of occupied private dwellings by structural type of dwelling 970
Single-detached house 530
Apartment, building that has five or more storeys 0
Movable dwelling 380
Other dwelling 60
Semi-detached house 20
Row house 0
Apartment, duplex 25
Apartment, building that has fewer than five storeys 10
Other single-attached house 0
Total number of private households by household size 970
1 person 200
2 persons 260
3 persons 155
4 persons 150
5 persons 95
6 or more persons 110
Number of persons in private households 3065
Average number of persons in private households 3.1

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